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Northern Illinois | "(Reuters) - Germany's Bundesbank said on Monday that countries about to go bankrupt should draw on the private wealth of their citizens through a one-off capital levy before asking other states for help."
didn't read the links but it just caught me as odd that people would find that first bold statement as not the proper way to go. To me (again I did not read the links) it seems to be saying that Germany thinks countries (I'm thinking the PIGS) need to look internally to solve their problems before just asking the Eurozone (Germany would be doing the bailing out) to bail them out.
Edited by jonas grumby 1/27/2014 10:01
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Bail ins and cash refusals
